Xtract Resources (LON:XTR) Hits New 52-Week Low – Should You Sell?

Xtract Resources Plc (LON:XTRGet Free Report) shares hit a new 52-week low on Friday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01), with a volume of 687461 shares. The stock had previously closed at GBX 0.60 ($0.01).

Xtract Resources Price Performance

The stock’s fifty day moving average price is GBX 0.62 and its 200-day moving average price is GBX 0.76. The company has a quick ratio of 1.99, a current ratio of 7.07 and a debt-to-equity ratio of 0.25. The company has a market capitalization of £5.14 million, a price-to-earnings ratio of -3.08 and a beta of 0.06.

About Xtract Resources

(Get Free Report)

Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. It explores for gold and copper deposits. The company holds 100% interest in the Manica gold project located in the Odzi-Mutare-Manica Greenstone belt in Mozambique; the Bushranger copper-gold project that comprises four exploration licenses totaling 501km2 and located in eastern central New South Wales, Australia; the Eureka copper-gold project comprising 345 hectares located in west of the Zambian Copperbelt district; and the Kalengwa copper project located in the North-western province of Zambia.

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